We analyze the effects of accidents and liability obligations on the incentives of car manufacturers to monopolize the markets for their spare parts. We show that monopolized markets for spare parts lead to inefficiently high prices for spare parts. Furthermore, monopolization induces the...

We study the impact of service attributes (warranty length, after-sales service quality) on consumer demand in the U.S. automobile industry, examining the presence of complementarities/substitution between service attributes and product quality. Our results estimate a median willingness to pay...

In this research we will focus on three topics which we think are particularly relevant for hospital competition: i) quality, ii) efficiency, and iii) ownership.i) Quality of health care is the most important good of the health production process. The present thesis presents both a theoretical...